All terminology

Sleeves

A funded slice of your capital running one method.

Desks rarely run capital as one undifferentiated pile — they split it into sleeves, each with a strategy, its own budget, and its own results. That separation is what makes performance legible: you can see what each thesis earns, not just the blended total.

In Quantreno a sleeve is the main thing you create and track: one thesis, one style, one budget drawn from your mandate's capital — usually minted as your own copy of a program. New accounts start with a few starter sleeves at $0 — presets you can fund, reshape, or delete like any sleeve you'd create yourself.

Funding is the activation step, and every dollar is your explicit choice: an unfunded sleeve can research and draft proposals, but nothing places until you give it a budget.

The words on this page

Sleeve
A funded slice of your capital running one style — its thesis, budget, and risk target.
A funded slice of capital running one style: one thesis, one budget, a risk target — drawn from your mandate's capital. The main thing you create and track — usually minted as your own copy of a program.
Budget
The maximum this sleeve can deploy — a cap enforced at placement.
The capital committed to a sleeve and the most it can deploy: baskets are sized against it, and an open that would take the sleeve past it is refused with the figures. Closes and cancels are never blocked by the cap.
Fund
Set a sleeve's budget — the money commitment that activates it. You choose every dollar.
The activation step: starter sleeves arrive at $0 and can draft proposals, but nothing places until you fund one. Suggested amounts are presets — funding is always your explicit choice.